[jennychase]

https://finance.yahoo.com/m/4d8f3771-70d3-302e-8ee4-f68678e82763/dow-and-s-p-500-trade-higher-.html

Dow and S&P 500 trade higher, brushing aside weak data in U.S. and China

Goldman Sachs cut its 2022 U.S. growth outlook to 2.4% from 2.6% previously, and to 1.6% from 2.2% for 2023, on fears over an uncertain growth path and tightening financial conditions. The bank also cut its S&P 500 target again, to 4,300.

Meanwhile, former Fed Chairman Ben S. Bernanke told the New York Times the U.S. could be heading into a period of stagflation for the first time since the 1970s.

In a note released on Monday, strategist Wei Li and others at BlackRock Investment Institute said that although they recently cut their risk profile, they are sticking with stocks over bonds for now. “Equity prices now reflect much of the worsening macro outlook and hawkish Fed, in our view,” they wrote.

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Why???

[1Old Pro]

former Fed Chairman Ben S. Bernanke told the New York Times the U.S. could be heading into a period of stagflation for the first time since the 1970s.

Ya think?

[Rusty0604]

If i was investing now I’d put some money on VIX.

https://www.bing.com/search?q=vix+ticker&PC=U316&FORM=CHROMN

[Rusty0604]

Fear and greed, except for long term investors.